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Axis Ace Credit Card Devaluation Effective From : 20 April

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Axis Ace Credit Card Devaluation

Ace CC will fetch 1.5% instead of 2%. 

  • All transactions made using ACE Axis Bank Credit card, except the transactions made on GPay, Preferred Merchants and cashback excluded categories, will earn a base cashback of 1.5%.
  • Cashback will not be applicable on utility spends done on platforms other than GPay.


Effective from : 20 April

HD image : https://ibb.co/V...hD

Axis Bank Ace Credit Card Devaluation

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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.

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Deal Cadet Deal Cadet
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GJC2wX9XsAAaVfe

GJC2wagWAAM9N-4

Wingman Wingman
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time to cut axis CCs✌️

Deal Detective Deal Detective
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Significant Devaluation in Axis Bank's Popular Credit Cards:

📉 Changes Effective: April 20, 2024

Axis Ace Credit Card:

- Unlimited Cashback Reduced: 1.5% on Other Spend (was 2%)

- No Cashback on Utility Bills, except through GPay app

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis Flipkart Credit Card:

- Unlimited Cashback Reduced: 1% on Other Spend (was 1.5%)

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis Airtel Credit Card:

- Monthly Cashback Limit Reduced:

- Airtel services: 25% Cashback to Rs. 250/month (from Rs. 300)

- Gas/Water/Electricity: 10% Cashback to Rs. 250/month (from Rs. 300)

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis FreeCharge Credit Card:

- No Cashback on Utility Bills, except through FreeCharge app

152 Comments  |  
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Heart of Gold Heart of Gold
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Pathetic move by Axis Bank, tomorrow their customer service will be bombarded with credit card cancellations.

Coupon Baba Coupon Baba
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Axis could just stop all cards instead of doing devaluation every 3 months.

Post Emperor Post Emperor
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Ace to neo card worth upgrade??

Neo offering ltf

Deal Newbie Deal Newbie
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Ace to neo is not upgrade it's called downgrade.

Neo is anyway worthless

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Deal Subedar Deal Subedar
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Just got a card 1 month ago and now this

Deal Subedar Deal Subedar
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Mera to August me mila tha abto close hi kr dunga csb ka devaluation hokar 2% hua hai isme tha hi kya 🙄

Baaki unlimited hi use krta tha me gpay se acha to Amazon me discount milta hai😂

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Deal Subedar Deal Subedar
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Are sbi cashback jesa lane Wale hain kya sala sbi cashback nhi mil rha ab iska bhi devaluation ho gya🤦🤦🤬

Deal Newbie Deal Newbie
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Even my Atlas, Airtel & Flipkart got devalued 😭
Deal Newbie Deal Newbie
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What did they do to airtel axis card?
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Deal Subedar Deal Subedar
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Acha cashback pr devaluation hoti hai joining annual pr kbi nhi😂😂 

Deal Subedar Deal Subedar
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Baaki yaar cc spends bhut ho rhe hai subhi ek thread float ho rha tha DD Pr ye to hoga hi aur kya hi upaye bacha hai overcome krne ke??

Deal Subedar Deal Subedar
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SBI be like-:

1000015348

1000015350

Deal Newbie Deal Newbie
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AXISACE20April

AXISFK20April

Not only for ACE but for FLIPKART credit card, generic cashback has been decreased by .5% on both to 1.5 & 1% respectively now. 

Deal Subedar Deal Subedar
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Sala mene sapne me kaali gaay dekhi bachre ke saath ghr pe phone Kiya bole kuch bhut aacha hoga tumhare saath accha sapna hai 

26 28 Ke UPI cashback ke Siva kuch na Mila isse +ve lu ya -ve kyonki Me phone mostly inhi karno se use krta hu 😂😂 

Ye sari news mera mobile chalana chudwayengi new financial year se kisi ko IT notice nhi aaygi ab 😂😂

Deal Detective Deal Detective
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Significant Devaluation in Axis Bank's Popular Credit Cards:

📉 Changes Effective: April 20, 2024

Axis Ace Credit Card:

- Unlimited Cashback Reduced: 1.5% on Other Spend (was 2%)

- No Cashback on Utility Bills, except through GPay app

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis Flipkart Credit Card:

- Unlimited Cashback Reduced: 1% on Other Spend (was 1.5%)

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis Airtel Credit Card:

- Monthly Cashback Limit Reduced:

- Airtel services: 25% Cashback to Rs. 250/month (from Rs. 300)

- Gas/Water/Electricity: 10% Cashback to Rs. 250/month (from Rs. 300)

- Domestic Airport Lounge Access: Requires Rs. 50,000 spent in previous 3 calendar months

Axis FreeCharge Credit Card:

- No Cashback on Utility Bills, except through FreeCharge app

Deal Newbie Deal Newbie
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Good compilation of all Axis Cards Devaluation. Should be pinned to top comments.
Crusader Crusader
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Even with Flipkart Axis too

Deal Cadet Deal Cadet
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Ab Flipkart Axis aur Amazon ICICI mein koi fark na raha. Still APay ICICI is LTF KING 

Deal Cadet Deal Cadet
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Airtel Axis and Flipkart Axis as well ❤️‍🩹 unamused🤦🏻

Savings Mentor Savings Mentor
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Ab ye trash 589 dene ke layak nahin raha 🙅🏻‍♂😏 Axis Ass

Will close this before 2nd year, RuPay Platinum DC for the win for utility bills  @abhishek012

Benevolent Benevolent
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vo bhi kb tk chlega koi ni janta. agle month pta chlega
Post Mogul Post Mogul
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Check it out ->👇🏼

This is bound to happen

👆🏼

Who knows what future holds But for now credit card pandemic is gripping India


👳

Deal Cadet Deal Cadet
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Any card left which has 1.5% cashback and has annual fee of 500?

Deal Cadet Deal Cadet
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My zone axis also devaluation Screenshot20240320-060809

Deal Cadet Deal Cadet
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With effect from 20th April 2024, the following change will be applicable on your AXIS

BANK FREECHARGE PLUS Credit Card:

1. Revision of cashback earned on utility services

No cashback will be provided on utility spends done on platforms other than the

Freecharge App.

Spends done on utility services that are not done on the Freecharge platform will not earn cashback.

Benevolent Benevolent
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2>1.5%>1%>0.5>Sorry this card is no longer valid o.O

Deal Newbie Deal Newbie
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Flipkart axis devalued from 1.5% to 1% , got mail today

Deal Subedar Deal Subedar
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Myzone still has movie BOGO offer or not? If not I'll close this card.

Deal Subedar Deal Subedar
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Close all axis cards

Coupon Baba Coupon Baba
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@axisbank please do the needful

Generous Generous
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ICICI AZ Cc laughing in the corner...

Deal Lieutenant Deal Lieutenant
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Now will close axis ace and only keep flipkart axis as it is ltf.

Deal Newbie Deal Newbie
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I think..they revised all cards..

For my zone card-lounge access and for flipkart axis card- lounge access and cashback also revised from 1.5 to 1% for all other categories

Deal Captain Deal Captain
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I have Flipkart Axis LTF wouldn't go for LTF myzone 0.4% reward joy

I'd rather stay put

Deal Subedar Deal Subedar
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Attraction point is....  Indianoil credit card annual fee will now be waived off on 3.5 lakh spend. 😝


suggestion- call customer care and take neo rupay credit card. They are providing it ltf right now.

Deal Captain Deal Captain
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What will people buy petrol bunks stuck_out_tongue
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